486 Acres in Chillicothe, MO - $1,360,800
This 486 acres is located on Hwy 65 just north of Chillicothe in Livingston Co. It features 432 acres tillable with 22.5 acres in CRP, ponds, shop buildings, and grain bins. It has 200 acres 0-3 slopes (Tice Sturges, Carlow, Vesser, Crestmeade Loam) acres of bottom ground that is levy protected, 186 acres 2-5% slopes (Lagonda soils), 100 acres 5-9% (Lagonda Soils) A couple $175/acre ($75,600/yearly) cash rent bids have been made but not excepted yet. Depending on what grain prices do they could possibly go a little higher There are 22.5 acres of CRP Filter Strips at $85.84 per acre ($1,938/yearly). This would give you a combined income of $77,538 yearly or a 5.7% return of the purchase price. This property sits next to US Highway 65 in Livingston County Missouri. This property is Priced at $2800 per acre. Call Jeffrey Quinn at 660-734-3925
